Shanghai Electric Reports Record New Orders and Strong Financial Performance for 2025
Shanghai Electric's 2025 revenues reached 126.68 billion CNY ($18.58 billion), a 9.03% increase from 2024. The company reported a net profit of 1.206 billion CNY ($176.92 million), a significant rise of 60.37%, alongside record new orders totaling 172.81 billion CNY ($25.35 billion), up 12.50%.
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Shanghai Electric announced financial results for 2025, achieving revenues of 126.68 billion CNY ($18.58 billion) and a net profit of 1.206 billion CNY ($176.92 million). New orders reached a record 172.81 billion CNY ($25.35 billion), reflecting a growth of 12.50%.
The company also reported a 34.28% increase in operating profit, totaling 5.02 billion CNY ($736.73 million). Key growth areas included wind power equipment orders at 22.966 billion CNY ($3.37 billion) and nuclear equipment orders at 9.888 billion CNY ($1.45 billion). For 2026, Shanghai Electric plans to enhance competitiveness through technological innovation and digital transformation, aiming to upgrade traditional industries and expand into emerging strategic sectors.
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